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When I'm 64

The ILC-UK Factpack on Retirement Transitions

This is the ILC-UK’s fourth Factpack, setting out the key facts and figures underpinning the longevity revolution. With it being 50 years since the Beatles iconic song, “When I’m 64”, this year we focus our attention on those individuals in the “retirement zone” – the age where retirement becomes an increasingly important consideration as individuals leave or plan to leave the workforce. For this group of individuals, we seek to answer a number of pertinent questions, including:

• How long will they live for?
• What does work look like for this group?
• What are their current living arrangements?
• How will they change?
• What will their income sources in retirement be?
• How will age shift their consumption patterns?
• Will they be digitally savvy compared to current retirees?